This statistic depicts the leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. The survey revealed that deciding to buy more expensive products or materials was the top reason for renovations going over budget in 2017 at 42 percent, down from 45 percent in 2015.
Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017
Characteristic
2015
2017
Decided to buy more expensive products or materials
45%
42%
Products or services were more costly than expected
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Houzz. (August 1, 2018). Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. "Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017." Chart. August 1, 2018. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. (2018). Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. "Leading Reasons for Going Over-budget during Renovations among U.S. Homeowners in 2015 and 2017." Statista, Statista Inc., 1 Aug 2018, https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz, Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 Statista, https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/ (last visited December 21, 2024)
Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 [Graph], Houzz, August 1, 2018. [Online]. Available: https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
